Global sharemarkets fell after Jensen Huang abruptly resigned as Nvidia chief executive, fuelling fresh doubts about the AI-led rally.
European stocks retreated from record highs. Asian markets were mixed. Technology shares stayed under pressure as investors reassessed demand for chips, data centres and the wider AI supply chain.
Focus turns to Nvidia disclosures
Traders will watch for Nvidia disclosures. Analyst revisions and major technology earnings are also in focus.
The pullback follows rapid gains tied to expectations for artificial intelligence. Investors are now rethinking how demand may flow through the chip sector, data centres and related suppliers.
What is not yet known
It is not yet known how quickly companies across the AI value chain will update their guidance. The extent to which earnings forecasts will shift is also unclear.
Market reaction may depend on the pace and detail of any updates from Nvidia, as well as the tone of upcoming results from major technology firms.
Mixed regional picture
Equities in Europe slipped from record territory. Trading across Asia delivered a mixed picture, reflecting uncertainty around the next phase of AI investment.
Technology names remained the focal point as investors weighed near-term demand signals against longer-term AI ambitions.
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